Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the Loan Charge and HMRC's power to open a tax year and place it under enquiry, how many people are affected by having at least one of their tax years opened; and how many of those people have had that tax year opened for twelve months or more without any communication from HMRC.

HMRC opened approximately 25,000 enquiries into individuals who are subject to the Loan Charge. As part of its overall compliance processes, and its commitment to update taxpayers at least annually, all of these taxpayers should have received correspondence from HMRC in the last 12 months, either to open the enquiry or to update them on their position.